From FY 2023-24, tax rates for the new tax regime are revised. The new Tax Regime was introduced in Union Budget 2020-21. So now there is old tax regime, new tax regime applicable till AY 2023-24 and Revised new Tax Regime applicable from AY 2024-25.Now taxpayer has a choice to Ta...
(AY 2024-25), the rebate under Section 87A has been increased from Rs. 5 lakhs to Rs. 7 lakhs. Thus, individuals with a net taxable income of up to Rs. 7 lakh can avail tax rebate u/s 87A under the new tax regime. Those who choose to pay tax as per the old regime will be...
can any one help why the AY 2024-25 is not appearing in form 71l thanks in advance. Reply SAG Infotech November 28, 2024 at 11:40 am Contact to th Income tax portal. Reply Shelly July 3, 2024 at 12:54 pm Is it necessary that I should have claimed the TDS amount in my return...
CA Karan Batra, Founder and CEO CharteredClub.com, said, “Such a heavy site is being made live in the peak season with so many bugs and errors is not something which the taxpayers will appreciate.”May to October is the peak season, when there is a lot of load on the income tax we...
12, 2024 Food Drives Wholesale Inflation A report on prices paid by businesses adds to the data showing inflation is not coming down as fast as had been anticipated. Tim SmartDec. 12, 2024 How Assad’s Fall Reshapes the Mideast The full consequences of the country’s abrupt...